Yardi announced today that Greenville, S.C.-based affordable housing management firm Vista Capital Management Group (Vista) recently expanded its Yardi Voyager® Affordable Housing platform by adding Yardi Resident Screening™, Yardi Orion™ Business Intelligence, and Yardi Document Management. Vista’s broadened use of the Yardi Voyager Affordable Housing suite of products comes as the firm reports growth from 2,000 to 5,000 units under management since the company began operating in 2007.
“Yardi has been instrumental in our ability to grow from a startup company to being recognized in the 2012 NAHMA 100 Affordable Housing list,” said Bern DuPree, vice president for Vista. “Our expertise with Yardi Voyager is a key part of our ability to provide institutional-grade property and asset management services to our clients.”
Approximately 90% of the units Vista manages are affordable housing projects developed by its clients. “The primary subsidy for most of the units we manage is Low Income Housing Tax Credits. We also have extensive knowledge of compliance requirements for programs such as HUD Section 202, PRAC, HOME, Section 236, and HAP contracts,” said DuPree. “Our clients are extremely varied in terms of size, type, and funding sources. Yardi Voyager helps us address all of their needs.”
“Vista’s story is a great example of how our clients use the Yardi Voyager Affordable Housing product suite to offer their residents excellent service and grow their businesses,” said Mark Livanec, vice president of affordable housing and PHA sales for Yardi. “I’m very impressed with Vista’s commitment to the affordable housing industry.”
About Vista Capital Management Group
Vista Capital Management Group (vistacm.com) is a private full-service real estate management group specializing in multi-family property management. Vista Capital Management Group currently provides property and asset management services for more than 5,000 units representing a total asset valuation in excess of $400 million on properties throughout the Southeastern and Mid-Atlantic regions of the United States. Vista is headquartered in Greenville, S.C., with offices in Lexington Park, Md.; Charlotte, N.C.; Columbia, S.C.; Charleston, S.C.; and Myrtle Beach, S.C.
Now in its fourth decade, Yardi® (yardi.com) is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Multifamily Suite™, Yardi Commercial Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in North America, Asia, Australia, Europe and the Middle East.